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BUILT BYCerebrohives
BooksUNNECO 512

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CORRUPTION AND POPULATION INCREASE IN NIGERIA: ANALYSIS OF THEIR IMPACT ON SELECTED MACROECONOMIC VARIABLES

ECO 512: CORRUPTION AND POPULATION INCREASE IN NIGERIA: ANALYSIS OF THEIR IMPACT ON SELECTED MACROECONOMIC VARIABLES

ByAnthony Orji
SchoolUniversity of Nigeria, Nsukka
DepartmentEconomics
CategoryResearch PapersAcademic Journals
Levels100200300500400600Post Graduate
₦ 3000
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Description

This study analysed the impact of corruption and population growth on two selected macroeco-

nomic variables in Nigeria. The results from the Multiple Regression Estimations show that pop-

ulation growth has significant impact on both unemployment and economic growth. Corruption

control (CC) variable on the other hand, was found to decrease unemployment and increase eco-

nomic growth. Furthermore, the findings revealed a long-run relationship among the variables of

interest in the models. Therefore, based on these findings, the study recommended amongst others,

that government should enact appropriate policies that will reduce unemployment and sustain

steady economic growth. Furthermore, state institutions and mechanisms for corruption control

should be strengthened in order to reduce the negative impact of corruption on the economy. Fi-

nally there is need to enact and implement good investment policies aimed at attracting more do-

mestic and foreign investments in the country since investment and manpower development are

major ingredients for rapid and sustainable productivity and growth in the economy.